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BGP Litigation Represents Korea's Hyundai Samho Heavy Industries in JV with Rosneft

BGP Litigation Represents Korea's Hyundai Samho Heavy Industries in JV with Rosneft

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Russia's BGP Litigation firm has advised Hyundai Samho Heavy Industries Co. Ltd. on its entrance into a "large scale joint venture project with PJSC Rosneft" in the Russian Far East.

The JV company - Zvezda-Hyundai LLC - was established in May 2017 in the town of Bolshoy Kamen in the Primorsky Kra region of the Russian Far East to "provide design documentation, engineering services, and personnel to a shipbuilding complex in the town of Bolshoy Kamen on the basis of Zvezda plant." According to BGP Litigation, "Hyundai Samho Heavy Industries will contribute technology and render technical support for the construction of modern and environmentally friendly Aframax type tankers which operate on NGV fuel." 

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